Examlex
Which of these characterises equity?
Convertible Notes
A type of short-term debt that converts into equity, usually in conjunction with a future financing round; often used by startups.
Interest Expense
The cost incurred by an entity for borrowed funds over a period of time.
Convertible Debt
Debt instruments that can be converted into a predetermined number of shares of the issuing company's stock.
Zero-Coupon
Bonds or debt securities that are issued at a discount and do not pay periodic interest payments, instead offering a lump sum at maturity.
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